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Willis Towers Watson’s enhancement of its Coverage Checkup tool fuels lower prescription drug costs for retirees Median savings amounted to $345 per retiree during 2020 open enrollment ARLINGTON, Va., March 16, 2021 (GLOBE NEWSWIRE) Willis Towers Watson (NASDAQ: WLTW), a leading global advisory, broking and solutions company, announced today it has enhanced its Coverage Checkup tool, which helped retirees save nearly $345 during the 2020 Medicare open enrollment season. A Princeton University study found that Medicare Part D consumers rarely switch plans and do not consistently shop for price and quality when they do switch. Willis Towers Watson launched the Coverage Checkup tool in 2017 for retirees who use Via Benefits, its individual marketplace. The Coverage Checkup provides a personalized drug plan evaluation and recommendation for retirees during open enrollment. Last year, the company enhanced the Coverage Checkup evaluation process and made the improv ....
Burnham Benefits in California Acquired by BRP Group December 10, 2020 Irvine, Calif.-based Burnham Benefits Insurance Services Inc., Burnham Gibson Wealth Advisors, Inc., and Burnham Risk and Insurance Solutions LLC has been acquired by Baldwyn Krystyn Sherman Partners LLC. Burnham will a middle-market indirect subsidiary of BRP Group Inc. (NASDAQ: BRP). The deal is expected to close Dec. 31 and is subject to certain closing conditions. With annual revenues of roughly $52.61 million, Burnham represents one of the largest partnerships in BRP Group’s history. Burnham President and CEO Kristen Allison will serve as regional president, and BGWA President Darin Gibson and BRIS COO Sara Owens will serve as managing partners within BRP Group’s middle-market operating group. Following this partnership, Burnham will maintain its brand and operate as “Burnham – A Baldwin Risk Partner.” ....